Sources tell Variety that Taylor is in talks to direct the rebooted “Terminator” film for Skydance Productions, Paramount and Annapurna Pictures. All the studios and reps had no comment on the news.

Plot details have not been revealed other than this is the first film in a stand alone trilogy. It is still unknown at this time what part Arnold Schwarzenegger will have in the film, though he has said in past interviews he will be back for the film.

Dana Goldberg and Paul Schwake are on as exec producers. Par will handle distribution.

After acquiring distribution rights in June and setting a June 26, 2015 release date, Par, Skydance and Annapurna have been hard at work to find the person to guide this latest installment.

The studio had targeted Ang Lee early on, but a deal could never be reached. Other early targets included Rian Johnson and “Prisoners” director Denis Villeneuve. In the end, Taylor won the job in helping reboot the iconic sci-fi franchise.

While Taylor’s biggest credit to date is his work on the HBO series “Game of Thrones,” early word on how well the “Thor” shoot went most certainly helped in getting Taylor this gig. He is repped by UTA.

Nooooooo, I can’t take any more Arnold Schwarzenegger or any more Terminator movies (& shows)!!! Not hatin on Arnold personally people, sorry, but the guy was a shitty actor…. yeah he turned out to be an ok politician (admittedly surprising =-O) but let’s face it, the only reason the guy was cast in movies wasn’t cause of his mad thespian skills but cause the movie called for a huge dude to be in that role & in the 80’s- early 90’s those where the movies being made & the body type to fit the role. I REALLY am not trying to hate on old Arny or some of the other “popular” actors from that time period (I think we all know who they are without dragging them all out right now) but the sun has set on their careers in movies. I know that some are trying hard to make comebacks into the business through movies they’re putting their own money into making to so they can both get back into the limelight & re-live the glory days so they can try & revive their careers & it seems that they were all cast into a movie duo that consisted mostly of has beens along with some actors that have been able to keep their careers alive cause of actually having talent & the ability to be diverse in the roles they take as well as casting newer action/tough guy roles in order to “bolster” ticket sales (cough-Expendables movies) but it just didn’t work guys even with casting newer & consistent actors so I think you should know it’s time to throw in the towel, so to speak. Plus, the re-makes of some of their movies with newer actors are way better than the originals & without the overgrown, ridiculous muscles & physics just shows that they are out of date meatsacks, you know what movies these are people…. :-! Also, every attempt to do another Terminator movie after the second one has sucked & so did the short lived t.v. show. You can’t cover a crappy script up by trying to get popular new actors to star in it isn’t going to change the fact that at this point we’re only beating a dead horse. The Terminator stuff has seen its day & that it’s time to bury it for good & get writers with new ideas. This is a trainwreak just waiting to happen. They are much better off trying to make more GOT shows &/or movies cause that is now the most watched show in the world right now & if done right out could be around for many years to come….